Dell's Net Profit Surpasses Expectations

Forex - Dell Technologies Inc. reported its third-quarter financial profit as $1.13 billion. The Round Rock, Texas-based company announced a net profit of $1.58 per share. The net profit, adjusted for one-time gains and costs, was $2.15 per share.

The results surpassed Wall Street expectations. The average estimate of earnings per share from five analysts surveyed by Zacks Investment Research was $2.06.

The computer and technology service provider generated $24.37 billion in revenue during this period, which did not meet Street estimates. The expectation from four analysts surveyed by Zacks was $24.56 billion.